Daily Wrap
Israel launched its much anticipated retaliation against Iran over the weekend and as far as I can tell, it was...
Afternoon Update -SPX Falling Three Methods
3:45 p.m. ET Earlier I characterized the market (despite Sunday’s gap up open in futures) as “Wait an See” or...
Stocks Treading Water As Rates Rise – Must See Commodity Charts
12:57 p.m. ET One of the primary drivers of today’s trade is one of at least 4 or so major...
A.M. Update
S&P futures are up +0.55%, gapping up Sunday night after Israel’s retaliation was more limited in scope than expected. Oil...
Daily Wrap
Market rates have increased from pre-market from down 2 bp to now Up +4bp. Buying activity in the equity market...
Afternoon Update – Confirmed
I think I got the answer I was looking for that depended on this morning’s strong start. SPX (daily) Long...
Quick Update…
1:29 p.m. ET The Dow opened and traded Up +0.5%. That Upper end price range resistance certainly played a role,...
Early Update – Much More Interesting Than Yesterday
12:22 p.m. ET It’s already a much more interesting day. Pay attention to commodities and market breadth. Economic Data- The...
A.M. Update
S&P 500 futures are up 0.35%and Nasdaq 100 futures are trading up 0.55% trimming their weekly drop to less than...
Daily Wrap -SPLIT
As you probably know by now, I was surprised by how dull the market was today after yesterday’s 1-day oversold...
Afternoon Update -Surprisingly Dull
Heading into the close, about half of the averages I routinely track are up and half down. None are moving much...
QQQ Update
3:18 p.m. ET I’m forced to take a myopic view of the market today, it’s just nothing like I expected...
Palladium Futures Explode Higher
3:03 p.m. ET There’s been a lot of talk that after gold’s run of new record highs, Palladium would be...
Intraday Update
2:44 p.m. Most averages are red. The S&P is only green y +0.08%. Nasdaq-100 (+0.65%) is still holding most of...
Early Update – Not The 1-Day Oversold Market I Expected
1:04 p.m. ET Between 1-day oversold internals, one of the Mag-7 stocks beating earnings (Tesla) with a +20% gain ,...
A.M. Update
S&P futures are up +0.45% and Nasdaq-100 futures are u +0.8%. Tesla’s earnings and a 1-day oversold signal after 3...
Daily Wrap – Rates Finally Scare Investors
This hasn’t been a good week for the stock market with stocks dropping for the 3rd consecutive day, which is...
Afternoon Update
3:56 p.m. ET I’ve been wondering at what point higher yields and a stronger Dollar were going to start pressuring...
3C Charts
2:34 p.m. ET Market breadth, volume and numerous other measures (resistance, etc.) have been pointing to the broader market weakening on...
Early Update
12:04 p.m. ET The averages have fairly modest losses, with the exception of Nasdaq-100. However, nearly all of them are...